Hong Kong Technology Venture Co. Ltd. announced a business update and unaudited operational information for May 2025. The company's Hong Kong Ecommerce business showed improved performance, attributed to the annual "May Thankful Festival" and a reduction in outbound travel among Hong Kong residents compared to the previous month. Despite a 17.7% increase in daily average outbound travel compared to May 2024, which exerted pressure on the year-on-year business performance, the company experienced a 4.8% rise in the Average Daily Gross Merchandise Value $(GMV.AU)$ on Order Intake, reaching HK$22.0 million in May 2025. However, this figure represents a 6.0% decrease from HK$23.4 million in May 2024. Additionally, both unique customers and active HKTVmall App users rebounded in May 2025, with monthly active users totaling approximately 1,599,000, up from 1,567,000 in April 2025, but down from 1,717,000 in May 2024. The company emphasizes that this information is unaudited and based on preliminary internal data.
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